526 E Olive Avenue, Monrovia, CA 91016

$1,250,000

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Sold Price
$1,250,000
List Price
$1,350,000
Status
CLOSED
Days on Market
103
Closing Date
Jul 21, 2026
MLS#
AR26058896
Subtype
Residential Income
Year Built
1959
Lot Size
12,714
Acres
0.29
MLS Area Major
Monrovia (639)

Property Description

Exceptional opportunity in the heart of Monrovia, just moments from vibrant Old Town, local shops, dining, parks, and the public library. Situated on an expansive 12,714 sq ft lot, this unique property features two separate single-level homes on one lot, each offering 2 bedrooms and 1 bathroom with its own private garage, driveway, laundry hookups, and separate gas, electric, and water meters—creating true independent living spaces. The oversized lot offers incredible flexibility and future potential for expansion, additional living space, or possible development opportunities (buyer to verify with city). Ideal for owner-users, multigenerational living, or investors seeking flexible income potential. Live in one home while renting the other, or maximize rental opportunities with two fully independent residences. Offering both convenience and flexibility, the property is ideally located near Old Town Monrovia, popular dining, local cafés, parks, community events, and everyday amenities. This rare property combines character, functionality, and long-term value in one of the San Gabriel Valley’s most sought-after communities.

Additional Information

Air Conditioning
Yes
Pool Type
None
Garage Spaces
2
View
Mountain(s)

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Alma Aguilar (AlmaSanchezAguilar@icloud.com) from Listing Office: Coldwell Banker Realty.

Selling Office: IRN REALTY.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.